{"id":353,"date":"2024-09-06T16:48:59","date_gmt":"2024-09-06T16:48:59","guid":{"rendered":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/chapter\/cash-flows-from-financing\/"},"modified":"2024-09-12T14:50:01","modified_gmt":"2024-09-12T14:50:01","slug":"cash-flows-from-financing","status":"publish","type":"chapter","link":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/chapter\/cash-flows-from-financing\/","title":{"raw":"Cash Flows From Financing","rendered":"Cash Flows From Financing"},"content":{"raw":"<section class=\"textbox learningGoals\" aria-label=\"Learning Goals\">\r\n<ul>\r\n \t<li>Calculate cash flows from financing activities<\/li>\r\n<\/ul>\r\n<\/section>&nbsp;\r\n\r\nFinancing activities would include any changes to long-term liabilities (and short-term notes payable from the bank) and equity accounts (common stock, paid in capital accounts, treasury stock, etc.). We would get most of the information from the balance sheet, but it may be necessary to use the Statement of Retained Earnings as well for any information on dividends. As with investing, if there has been a change in a long-term liability or equity (increase or decrease during the year), we must account for the item in the Financing section of the statement of cash flows.\r\n\r\nWhen analyzing the financing section, just like with investing, a negative cash flow is not necessarily a bad thing and a positive cash flow is not always a good thing. Once again, you need to look at the transactions themselves to help you decide how the positive or negative cash flow would affect the company.\r\n\r\nTo summarize our investing and financing sections, review this chart (remember, use the wording \u201cprovided\u201d if positive cash flow and \u201cused\u201d if negative cash flow):\r\n<div align=\"left\">\r\n<table>\r\n<tbody>\r\n<tr>\r\n<th scope=\"col\">Cash flows from Investing activities:<\/th>\r\n<\/tr>\r\n<tr>\r\n<td>+ cash received from sale of long-term assets<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\u2013 cash paid for purchase of new long-term assets<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Net cash provided (used) by Investing Activities<\/td>\r\n<\/tr>\r\n<tr>\r\n<td><\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<th scope=\"col\">Cash flows from Financing activities:<\/th>\r\n<\/tr>\r\n<tr>\r\n<td>+ cash received from long-term liabilities<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\u2013 cash paid on\u00a0 long-term liabilities<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>+ cash received from issuing stock<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\u2013 cash paid for dividends<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>\u2013 cash paid to purchase treasury stock<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Net cash provided (used) by Financing Activities<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\nHere is the balance sheet for Rumble Corp.:\r\n<table class=\"fin-table acctstatement\"><caption>RUMBLE CORP\r\nBalance Sheets\r\nAs of<\/caption>\r\n<thead>\r\n<tr class=\"u-sr-only\">\r\n<th scope=\"col\">Description<\/th>\r\n<th scope=\"col\">Amount<\/th>\r\n<th scope=\"col\">Total<\/th>\r\n<\/tr>\r\n<tr>\r\n<td><\/td>\r\n<th colspan=\"2\" scope=\"col\"><i>In millions<\/i><\/th>\r\n<\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<td>Panel A \u2013 Balance Sheet<\/td>\r\n<td>12\/31\/X1<\/td>\r\n<td>12\/31\/X0<\/td>\r\n<\/tr>\r\n<tr aria-hidden=\"true\">\r\n<td colspan=\"3\"><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Cash<\/td>\r\n<td class=\"r\">$5,040<\/td>\r\n<td class=\"r\">$1,640<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Accounts Receivable<\/td>\r\n<td class=\"r\">1,735<\/td>\r\n<td class=\"r\">1,750<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Equipment<\/td>\r\n<td class=\"r\">24,920<\/td>\r\n<td class=\"r\">24,500<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Accumulated Depreciation<\/td>\r\n<td class=\"r\">(1,565)<\/td>\r\n<td class=\"r\">(1,540)<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Total Assets<\/td>\r\n<td class=\"r line-single line-double\"><span class=\"u-sr-only\">Single line<\/span>\r\n$30,130\r\n<span class=\"u-sr-only\">Double line<\/span><\/td>\r\n<td class=\"r line-single line-double\"><span class=\"u-sr-only\">Single line<\/span>\r\n$26,350\r\n<span class=\"u-sr-only\">Double line<\/span><\/td>\r\n<\/tr>\r\n<tr aria-hidden=\"true\">\r\n<td colspan=\"3\"><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Accounts Payable<\/td>\r\n<td class=\"r\">$1,039<\/td>\r\n<td class=\"r\">$1,007<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Wages Payable<\/td>\r\n<td class=\"r\">135<\/td>\r\n<td class=\"r\">55<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Income Taxes Payable<\/td>\r\n<td class=\"r\">60<\/td>\r\n<td class=\"r\">42<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Note Payable - Long Term<\/td>\r\n<td class=\"r\">500<\/td>\r\n<td class=\"r\">0<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Total Liabilities<\/td>\r\n<td class=\"r line-single\"><span class=\"u-sr-only\">Single line<\/span>\r\n1,734<\/td>\r\n<td class=\"r line-single\"><span class=\"u-sr-only\">Single line<\/span>\r\n1,104<\/td>\r\n<\/tr>\r\n<tr aria-hidden=\"true\">\r\n<td colspan=\"3\"><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Common Stock<\/td>\r\n<td class=\"r\">13,500<\/td>\r\n<td class=\"r\">12,500<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Retained Earnings<\/td>\r\n<td class=\"r\">14,896<\/td>\r\n<td class=\"r\">12,746<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<tfoot>\r\n<tr>\r\n<td class=\"line-none\">Total Liabilities and Owner\u2019s Equity<\/td>\r\n<td class=\"r\"><span class=\"u-sr-only\">Single line<\/span>\r\n$30,130\r\n<span class=\"u-sr-only\">Double line<\/span><\/td>\r\n<td class=\"r\"><span class=\"u-sr-only\">Single line<\/span>\r\n$26,350\r\n<span class=\"u-sr-only\">Double line<\/span><\/td>\r\n<\/tr>\r\n<\/tfoot>\r\n<\/table>\r\nWe\u2019ve now accounted for the changes in all of the accounts except long (and short) term debt and changes in common stock. Those changes are considered financing activities. For Rumble Corp., we see an increase in long-term debt of $500 and an increase in common stock of $1,000. Once again, we need to dive into the accounting records to see what the changes are because the $500 increase in debt could have been due to $600 in borrowing and $100 in repayment, but let\u2019s assume for purposes of this example that the company borrowed $500 on a long-term note and issued additional stock that brought in $1,000 in new capital.\r\n\r\nIn addition, the company paid out dividends in the amount of $460, which is also considered a financing activity.\r\n\r\nThe financing section of our statement of cash flows would look like this:\r\n<table class=\"fin-table acctstatement\">\r\n<thead>\r\n<tr class=\"u-sr-only\">\r\n<th scope=\"col\">Description<\/th>\r\n<th scope=\"col\">Amount<\/th>\r\n<th scope=\"col\">Total<\/th>\r\n<\/tr>\r\n<\/thead>\r\n<tbody>\r\n<tr>\r\n<th>Cash flows from financing activities<\/th>\r\n<td><\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\">Proceeds from issuance of common stock<\/th>\r\n<td>1,000<\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\">Proceeds from issuance of long-term debt<\/th>\r\n<td>500<\/td>\r\n<td><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\">Dividends paid<\/th>\r\n<td>(460)<span class=\"u-sr-only\">Single Line<\/span><\/td>\r\n<td><span class=\"u-sr-only\">Single Line<\/span><\/td>\r\n<\/tr>\r\n<tr>\r\n<th scope=\"row\">Net cash used in investing activities<\/th>\r\n<td><\/td>\r\n<td>1,040<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<section class=\"textbox watchIt\" aria-label=\"Watch It\">Here is a short video review:<iframe src=\"\/\/plugin.3playmedia.com\/show?mf=5475516&amp;p3sdk_version=1.10.1&amp;p=20361&amp;pt=375&amp;video_id=VUbMq50rZGo&amp;video_target=tpm-plugin-9ibjtv9n-VUbMq50rZGo\" width=\"800px\" height=\"450px\" frameborder=\"0\" marginwidth=\"0px\" marginheight=\"0px\" data-mce-fragment=\"1\"><\/iframe>You can view the <a href=\"https:\/\/course-building.s3-us-west-2.amazonaws.com\/Financial+Accounting\/Transcripts\/CashFlowStatementInvestingAndFinancing_transcript.txt\" target=\"_blank\" rel=\"noopener\">transcript for \"Cash Flow Statement: Investing and Financing Activities (Financial Accounting Tutorial #70)\" here (opens in new window)<\/a>.\r\n\r\n<\/section><section class=\"textbox tryIt\" aria-label=\"Try It\">[ohm2_question hide_question_numbers=1]25285[\/ohm2_question]<\/section>","rendered":"<section class=\"textbox learningGoals\" aria-label=\"Learning Goals\">\n<ul>\n<li>Calculate cash flows from financing activities<\/li>\n<\/ul>\n<\/section>\n<p>&nbsp;<\/p>\n<p>Financing activities would include any changes to long-term liabilities (and short-term notes payable from the bank) and equity accounts (common stock, paid in capital accounts, treasury stock, etc.). We would get most of the information from the balance sheet, but it may be necessary to use the Statement of Retained Earnings as well for any information on dividends. As with investing, if there has been a change in a long-term liability or equity (increase or decrease during the year), we must account for the item in the Financing section of the statement of cash flows.<\/p>\n<p>When analyzing the financing section, just like with investing, a negative cash flow is not necessarily a bad thing and a positive cash flow is not always a good thing. Once again, you need to look at the transactions themselves to help you decide how the positive or negative cash flow would affect the company.<\/p>\n<p>To summarize our investing and financing sections, review this chart (remember, use the wording \u201cprovided\u201d if positive cash flow and \u201cused\u201d if negative cash flow):<\/p>\n<div style=\"text-align: left;\">\n<table>\n<tbody>\n<tr>\n<th scope=\"col\">Cash flows from Investing activities:<\/th>\n<\/tr>\n<tr>\n<td>+ cash received from sale of long-term assets<\/td>\n<\/tr>\n<tr>\n<td>\u2013 cash paid for purchase of new long-term assets<\/td>\n<\/tr>\n<tr>\n<td>Net cash provided (used) by Investing Activities<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr>\n<th scope=\"col\">Cash flows from Financing activities:<\/th>\n<\/tr>\n<tr>\n<td>+ cash received from long-term liabilities<\/td>\n<\/tr>\n<tr>\n<td>\u2013 cash paid on\u00a0 long-term liabilities<\/td>\n<\/tr>\n<tr>\n<td>+ cash received from issuing stock<\/td>\n<\/tr>\n<tr>\n<td>\u2013 cash paid for dividends<\/td>\n<\/tr>\n<tr>\n<td>\u2013 cash paid to purchase treasury stock<\/td>\n<\/tr>\n<tr>\n<td>Net cash provided (used) by Financing Activities<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Here is the balance sheet for Rumble Corp.:<\/p>\n<table class=\"fin-table acctstatement\">\n<caption>RUMBLE CORP<br \/>\nBalance Sheets<br \/>\nAs of<\/caption>\n<thead>\n<tr class=\"u-sr-only\">\n<th scope=\"col\">Description<\/th>\n<th scope=\"col\">Amount<\/th>\n<th scope=\"col\">Total<\/th>\n<\/tr>\n<tr>\n<td><\/td>\n<th colspan=\"2\" scope=\"col\"><i>In millions<\/i><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Panel A \u2013 Balance Sheet<\/td>\n<td>12\/31\/X1<\/td>\n<td>12\/31\/X0<\/td>\n<\/tr>\n<tr aria-hidden=\"true\">\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td>Cash<\/td>\n<td class=\"r\">$5,040<\/td>\n<td class=\"r\">$1,640<\/td>\n<\/tr>\n<tr>\n<td>Accounts Receivable<\/td>\n<td class=\"r\">1,735<\/td>\n<td class=\"r\">1,750<\/td>\n<\/tr>\n<tr>\n<td>Equipment<\/td>\n<td class=\"r\">24,920<\/td>\n<td class=\"r\">24,500<\/td>\n<\/tr>\n<tr>\n<td>Accumulated Depreciation<\/td>\n<td class=\"r\">(1,565)<\/td>\n<td class=\"r\">(1,540)<\/td>\n<\/tr>\n<tr>\n<td>Total Assets<\/td>\n<td class=\"r line-single line-double\"><span class=\"u-sr-only\">Single line<\/span><br \/>\n$30,130<br \/>\n<span class=\"u-sr-only\">Double line<\/span><\/td>\n<td class=\"r line-single line-double\"><span class=\"u-sr-only\">Single line<\/span><br \/>\n$26,350<br \/>\n<span class=\"u-sr-only\">Double line<\/span><\/td>\n<\/tr>\n<tr aria-hidden=\"true\">\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td>Accounts Payable<\/td>\n<td class=\"r\">$1,039<\/td>\n<td class=\"r\">$1,007<\/td>\n<\/tr>\n<tr>\n<td>Wages Payable<\/td>\n<td class=\"r\">135<\/td>\n<td class=\"r\">55<\/td>\n<\/tr>\n<tr>\n<td>Income Taxes Payable<\/td>\n<td class=\"r\">60<\/td>\n<td class=\"r\">42<\/td>\n<\/tr>\n<tr>\n<td>Note Payable &#8211; Long Term<\/td>\n<td class=\"r\">500<\/td>\n<td class=\"r\">0<\/td>\n<\/tr>\n<tr>\n<td>Total Liabilities<\/td>\n<td class=\"r line-single\"><span class=\"u-sr-only\">Single line<\/span><br \/>\n1,734<\/td>\n<td class=\"r line-single\"><span class=\"u-sr-only\">Single line<\/span><br \/>\n1,104<\/td>\n<\/tr>\n<tr aria-hidden=\"true\">\n<td colspan=\"3\"><\/td>\n<\/tr>\n<tr>\n<td>Common Stock<\/td>\n<td class=\"r\">13,500<\/td>\n<td class=\"r\">12,500<\/td>\n<\/tr>\n<tr>\n<td>Retained Earnings<\/td>\n<td class=\"r\">14,896<\/td>\n<td class=\"r\">12,746<\/td>\n<\/tr>\n<\/tbody>\n<tfoot>\n<tr>\n<td class=\"line-none\">Total Liabilities and Owner\u2019s Equity<\/td>\n<td class=\"r\"><span class=\"u-sr-only\">Single line<\/span><br \/>\n$30,130<br \/>\n<span class=\"u-sr-only\">Double line<\/span><\/td>\n<td class=\"r\"><span class=\"u-sr-only\">Single line<\/span><br \/>\n$26,350<br \/>\n<span class=\"u-sr-only\">Double line<\/span><\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n<p>We\u2019ve now accounted for the changes in all of the accounts except long (and short) term debt and changes in common stock. Those changes are considered financing activities. For Rumble Corp., we see an increase in long-term debt of $500 and an increase in common stock of $1,000. Once again, we need to dive into the accounting records to see what the changes are because the $500 increase in debt could have been due to $600 in borrowing and $100 in repayment, but let\u2019s assume for purposes of this example that the company borrowed $500 on a long-term note and issued additional stock that brought in $1,000 in new capital.<\/p>\n<p>In addition, the company paid out dividends in the amount of $460, which is also considered a financing activity.<\/p>\n<p>The financing section of our statement of cash flows would look like this:<\/p>\n<table class=\"fin-table acctstatement\">\n<thead>\n<tr class=\"u-sr-only\">\n<th scope=\"col\">Description<\/th>\n<th scope=\"col\">Amount<\/th>\n<th scope=\"col\">Total<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th>Cash flows from financing activities<\/th>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Proceeds from issuance of common stock<\/th>\n<td>1,000<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Proceeds from issuance of long-term debt<\/th>\n<td>500<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Dividends paid<\/th>\n<td>(460)<span class=\"u-sr-only\">Single Line<\/span><\/td>\n<td><span class=\"u-sr-only\">Single Line<\/span><\/td>\n<\/tr>\n<tr>\n<th scope=\"row\">Net cash used in investing activities<\/th>\n<td><\/td>\n<td>1,040<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<section class=\"textbox watchIt\" aria-label=\"Watch It\">Here is a short video review:<iframe loading=\"lazy\" src=\"\/\/plugin.3playmedia.com\/show?mf=5475516&amp;p3sdk_version=1.10.1&amp;p=20361&amp;pt=375&amp;video_id=VUbMq50rZGo&amp;video_target=tpm-plugin-9ibjtv9n-VUbMq50rZGo\" width=\"800px\" height=\"450px\" frameborder=\"0\" marginwidth=\"0px\" marginheight=\"0px\" data-mce-fragment=\"1\"><\/iframe>You can view the <a href=\"https:\/\/course-building.s3-us-west-2.amazonaws.com\/Financial+Accounting\/Transcripts\/CashFlowStatementInvestingAndFinancing_transcript.txt\" target=\"_blank\" rel=\"noopener\">transcript for &#8220;Cash Flow Statement: Investing and Financing Activities (Financial Accounting Tutorial #70)&#8221; here (opens in new window)<\/a>.<\/p>\n<\/section>\n<section class=\"textbox tryIt\" aria-label=\"Try It\"><iframe loading=\"lazy\" id=\"ohm25285\" class=\"resizable\" src=\"https:\/\/ohm.one.lumenlearning.com\/multiembedq.php?id=25285&theme=lumen&iframe_resize_id=ohm25285&source=tnh\" width=\"100%\" height=\"150\"><\/iframe><\/section>\n","protected":false},"author":6,"menu_order":11,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Cash Flows From Financing\",\"author\":\"Joseph Cooke\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc\",\"description\":\"Accounting Principles: A Business Perspective\",\"author\":\"James Don Edwards, University of Georgia & Roger H. Hermanson, Georgia State University\",\"organization\":\"Endeavour International Corporation\",\"url\":\"\",\"project\":\"The Global Text Project\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"copyrighted_video\",\"description\":\"Cash Flow Statement: Investing and Financing Activities\",\"author\":\"Note Pirate\",\"organization\":\"\",\"url\":\"https:\/\/youtu.be\/VUbMq50rZGo\",\"project\":\"\",\"license\":\"arr\",\"license_terms\":\"Standard YouTube license\"}]","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"part":342,"module-header":"- Select Header -","content_attributions":[{"type":"original","description":"Cash Flows From Financing","author":"Joseph Cooke","organization":"Lumen Learning","url":"","project":"","license":"cc-by","license_terms":""},{"type":"cc","description":"Accounting Principles: A Business Perspective","author":"James Don Edwards, University of Georgia & Roger H. Hermanson, Georgia State University","organization":"Endeavour International Corporation","url":"","project":"The Global Text Project","license":"cc-by","license_terms":""},{"type":"copyrighted_video","description":"Cash Flow Statement: Investing and Financing Activities","author":"Note Pirate","organization":"","url":"https:\/\/youtu.be\/VUbMq50rZGo","project":"","license":"arr","license_terms":"Standard YouTube license"}],"internal_book_links":[],"video_content":null,"cc_video_embed_content":{"cc_scripts":"","media_targets":[]},"try_it_collection":null,"_links":{"self":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/353"}],"collection":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/users\/6"}],"version-history":[{"count":3,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/353\/revisions"}],"predecessor-version":[{"id":1025,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/353\/revisions\/1025"}],"part":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/parts\/342"}],"metadata":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapters\/353\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/media?parent=353"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/pressbooks\/v2\/chapter-type?post=353"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/contributor?post=353"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/content.one.lumenlearning.com\/financialaccounting\/wp-json\/wp\/v2\/license?post=353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}